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Video River Networks, Inc. (NIHK)

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Last Post: 4/4/2014 10:53:17 AM - Followers: 54 - Board type: Free - Posts Today: 0


Confirmed that share structure has not changed in 2 years & the information posted on OTCMARKETS is still accurate 137M Outstanding, 200M Authorized 

on ~ 4/03/2012 ~

 Call Now 1-830-714-5135

137 Million Outstanding Shares
 

200 Million Authorized Shares

~ NIHK has Rebounded to .02+ Every Year

07/20/09 ~ 05/03/10 ~ 01/28/11





http://www.videorivernetworks.com/

 

VIDEO RIVER NETWORKS

Video River is an innovative supplier of digital entertainment and in-room control functionality to the hospitality markets through our proprietary line of IPTV Set Top Boxes. Our hardware and software enables the fluid delivery of both Standard and High Definition multimedia content alongside the PC -like processing capabilities demanded by service providers, hoteliers, and their guests.

Always at the forefront of digital entertainment, the Video River technical team has been producing Set Top Boxes for the hospitality industry since 2003, and was the first to install a pure IPTV solution in the U.S. hospitality market when it installed units at the Wynn Hotel and Casino in 2005. The Company's high definition IP3000 Set Top Box has been placed in over 10,000 hotel rooms throughout North America. Video River was also the first provider to recognize the impending requirements of the market when it introduced its IP6000 Intel Atom-based set top box products to the market in 2009. Available with Linux and Microsoft Windows operating systems, the IP6000 is the heartbeat of the state-of-the-art, in-room control, and entertainment system currently installed in the Cosmopolitan Hotel and Resort Casino in Las Vegas, Nevada.

The Company distinguishes itself from the competition through the reliability of its products and in its commitment to service after installation. Video River prides itself in being a hands-on integration partner, getting involved with each installation to ensure a successful implementation and continuing performance of its products throughout the life of the system.

Video River Networks is headquartered in San Antonio, Texas and has offices in Friendswood, Texas and Ft. Lauderdale, Florida.





 
2355 Bulverde Rd #107
Bulverde, TX 78163-4575 Get Directions
(830) 714-5135






WE'RE NOT JUST A HARDWARE PROVIDER, WE'RE AN INTEGRATION PARTNER.









PRODUCTS

 

The Company currently covers the broad needs of its markets by offering the IP3000 and the IP6000 STB's. The lower cost IP3000 has been the STB of choice for Video River customers requiring quality Standard and High Definition video services without the need for enriched Internet-browsing capabilities or large CPU requirements. The IP6000, available with a Linux or a Microsoft Windows Operating Systems, covers the upper-end of the market, meeting the needs of customers requiring a robust Internet browsing, rich video and graphics capabilities, and the added processing capabilities required of in-room control programs.

 
IP3000

Designed to provide systems integrators with a quality, low cost solution for interactive IPTV, the IP3000HD supports High Definition (HD) TV output and low bit-rate Codec's utilizing a Sigma SOC architecture. The slim-line black case can be mounted out of sight and is intended to discourage unauthorized removal from the premises. The IP3000HD is used in Hospitality, Cruise Ships, Digital Signage, Government, and Education.

  • High performance integrated silicon architecture with dedicated codec support 
  • Flexible Audio Video options that includes HDMI with HDCP up to 1080i and 1080p, Composite/S-Video
  • Dolby 7.1 multi-channel audio
  • 4:3 and 16:9 video stream aspect ratios
  • MPEG-1, MPEG-2 & MPEG-4 (AVC) H.264, VC-1, WMV9, DIVX 3.1
IP6000

Featuring the Intel Atom chipset , the IP6000 is designed to provide systems integrators with a premium solution for interactive IPTV coupled with the speed and power of a PC, supporting High Definition (HD) TV output and low bit-rate Codec's as well as Interactive Services and In-room Lighting and Temperature Control thru a robust TV interface. The package design supports environments where security is a must. The IP6000HD is used in Hospitality, Cruise Ships, Digital Signage, Government, and Education. 

  • High performance integrated Intel Atom silicon architecture with dedicated codec support
  • DOM (16 MByte - 512 MByte) 
  • Secondary fast Ethernet port for guest Internet connection with QoS functionality 
  • Smart Port (SPI/MPI) Interfaces 
  • 6 x USB 2.0 


DOUG SAATHOFF

CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER

Doug joined the Company as its Chief Financial Officer on January 1, 2003 and was promoted to the position of Chief Executive Officer in March of that year. Serving as both CEO and CFO, he led Video River Networks to annual double digit revenue growth from 2005 - 2008. Prior to joining the Company, he served as Chief Financial Officer for ATSI Communications, Inc.(AMEX: AI), from June 1994 through July 2002 and as a Board Member of ATSI's publicly traded subsidiary, GlobalSCAPE, Inc. (Amex: GSB) from April 1997 through June 2002. ATSI raised over $60 million in debt and equity financing from both individuals and institutions during Doug's tenure, and moved the company from the Canadian OTC market to the U.S. OTC market and eventually to a listing on the American Stock Exchange in February 2000. ATSI grew from San Antonio-based start-up with 11 employees to an international operation with an excess of 500 employees and operations in the U.S., Mexico, Costa Rica, Guatemala and El Salvador with annual revenues in excess of $60 million. He was instrumental in the acquisition of subsidiaries and customer bases, as well as the divestiture of GlobalSCAPE in June 2002. Prior to joining ATSI, Doug served as the Accounting Manager, Controller and Financial Reporting Manager for U.S. Long Distance Corp. from 1990 to 1993. Doug also served as Senior Staff Accountant for Arthur Andersen & Co. where he planned, supervised and implemented audits for clients in a variety of industries, including telecommunications, oil & gas and financial services. Doug graduated from Texas A&M University with a Bachelor of Business Administration degree in Accounting.













































JONATHAN HAYDEN

CHIEF TECHNICAL OFFICER

Jon joined Video River Networks with the acquisition of the STB business from Eagle Broadband in October 2007. At Video River Networks, Jon has been responsible for managing the design, development, production, and commercialization of the IP3000 and IP6000, also providing technical support for customers. Jon was Vice President of Engineering at Eagle from 1997 until the acquisition in 2007. At Eagle, Jon developed the IP5000, the first HD set top box placed into the hospitality industry in 2005. During his tenure, he was responsible for managing a staff of hardware and software engineers, establishing relationships with overseas manufacturing partners, and overall project management. He also was responsible for preparing budgets and financial reports for his department. From 1991 - 1997, Jon was the Electronics Engineering Manager for W&H Development where he directed design and production efforts for oil & gas wellhead electronics. From 1989-1991 Jon served as an Electronics Engineer at Lockheed Engineering in Houston, Texas where he designed an RF Interface Control System used in the Electronic Systems Test Laboratory at the Johnson Space Center. Jon graduated from Northeastern University in Boston with a degree in Electrical Engineering.



































PHILIP LONIGRO

VICE PRESIDENT OF SALES

Philip joined the Company in August 2010 after working for five years at Amino Communications. As Director of East Region Sales for Amino, Philip was responsible for Account, Distribution, and Partner Management and Sales; growing the East Region business from sales of 2,000 STB's in 2004 ($400k) to 53,000 units ($9 million) in 2009, concentrating on Telco, Hospitality, Enterprise, and Cruise ship opportunities. Prior to working at Amino, he was a Technical Product Director for the Cable and Satellite division at Pace Micro Technology, working closely with CableLabs and such companies as Time Warner, Comcast, and Bellsouth Entertainment Group. Based on the success of the Cable and Satellite division, Philip was made Director of the IPTV Americas group and played a key role in growing IPTV STB sales from 1k in 2000 ($250k) to 40k ($3 million) in 2004. Philip was responsible for selling and managing the first major IPTV STB deployment in North America to SaskTel in Regina, Canada. Philip has a B.S. degree in Electrical Engineering from the University of Texas at El Paso.
































OUR MARKETS


Service operators worldwide are aggressively upgrading equipment within their installed base to support the migration away from analog television towards digital television. Hoteliers are also looking for advanced features from their STB's such as VOD, DVR/PVR, and other interactive applications.

Within the hospitality industry, service providers to hotels rely heavily on partnerships in the value chain to provide highly customized solutions to their customers. Hospitality STB's must be capable of receiving and displaying local broadcasts, IPTV feeds, satellite feeds, Video on Demand, and guest services information, all on a customized hotel interface. In addition, the STB must be capable of working with a variety of video servers, televisions and network configurations. Each hotel network is different from another, and therefore Video River is not just a hardware provider, but also a systems integrator, promoting commitment and a stable relationship with the hotel service provider.

Video River has built a reputation in the market based on quality products and a willingness to provide support services to integrators installing high definition systems in hotels. Video River's largest integration partner to date is Guest-Tek Interactive Entertainment Ltd. ("Guest-Tek"), which bundles Video River's IP3000 Set Top Box exclusively in its award-winning OneViewTM Media offering to hotels. Guest-Tek currently provides Internet-based services to over 500,000 rooms across 3,400 properties, primarily in the U.S. and Canada. To date, Video River has delivered more than 10,000 units to Guest-Tek, and Video River's Set Top Box is currently the only unit certified for use by Guest-Tek. Video River has recently established relationships other leading integrators in the hospitality industry, including SuiteLinq, Nevotek and InfoValue, each of which is replacing older and inferior STB solutions. Video River's focus to-date has been on establishing relationships/partnerships with integrators and other solutions providers in the hospitality industry that have the ability to 'pull' Video River products into hotels.

Validating its superior quality, in November 2008 the Disney-owned ESPN network selected Video River's MediaPro IP3000 as its STB of choice for displaying 1080p programming throughout its broadcast facilities in Los Angeles and plans to deploy next at its headquarters in Bristol, CT. In addition, ESPN is evaluating Video River STB's in a service offering of 1080p sports programming directly through the Internet to businesses and consumers, bypassing the traditional cable and satellite TV service operators. Based on the success with ESPN, Disney is considering Video River's STB technology for use on two new cruise ships scheduled for launch in 2010. Video River has also sold STB's to the University of Maine for use in Distance-Learning applications, and is in discussions with service providers within the healthcare industry about enabling HDTV and VOD services to hospitals. The partnership with ESPN, the opportunity with Disney, and inroads in education and healthcare, combine to indicate a broad addressable market beyond the hospitality industry.


Most recently, Video River's IP6000 has been chosen as the STB for The Cosmopolitan Hotel & Resort Casino in Las Vegas, Nevada. Scheduled to open in December 2010, The Cosmopolitan has ordered 3,800 units from Video River to complete Phase 1 of its projects.














































































3 YEAR WEEKLY




3 YEAR WEEKLY


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PostSubject
#2218   ask 0008 up Carlito 04/04/14 10:53:17 AM
#2217   I have written off NIHK many times and Trend22 03/25/14 09:23:44 PM
#2216   Yup! 'till the bitter end. I wrote this Red Hackle 03/25/14 02:41:57 PM
#2215   You are correct sir.. If weed Trend22 03/20/14 11:05:04 PM
#2214   Red is aliiiiiiveeeeee! What is up my Trend22 03/20/14 11:04:21 PM
#2213   Any one know what caused this POS to Red Hackle 03/20/14 07:30:31 PM
#2212   Hope the have WEED Carlito 03/20/14 11:32:02 AM
#2211   NIHK - Carlito! Long time no talk Trend22 03/20/14 11:04:14 AM
#2210   OS 137,4M AS 200M Carlito 03/20/14 11:03:18 AM
#2209   Thin >> NIHK Carlito 03/20/14 10:23:21 AM
#2208   Ask 0008 !!!!!! Carlito 03/20/14 10:13:16 AM
#2207   ASK 0007 >>CHEAP !!!! Carlito 01/30/14 02:12:14 PM
#2206   NIHK 0009 Carlito 12/02/13 12:56:45 PM
#2205   911 trade call the cops ! TRIPIL7Z 10/21/13 03:22:11 PM
#2204   NIHK - Why the Volume and movement... Trend22 10/21/13 03:21:41 PM
#2203   $NIHK I grabbed some .0005s TRIPIL7Z 10/21/13 03:09:18 PM
#2202   .0015's going MOMO 09/27/13 03:51:33 PM
#2201   nice action here got some MOMO 09/27/13 01:29:12 PM
#2200   0012 >> Carlito 09/18/13 03:57:15 PM
#2199   Thank you Red! You've provided some good informative eagleup 07/16/13 10:14:55 AM
#2198   Scroll down as if you wanted to read Red Hackle 07/16/13 06:41:42 AM
#2197   Still holding for Pennies, they'll come only a PENNYMACHINE 07/15/13 08:53:40 PM
#2196   NIHK ended with 120% higher with 2.4 million eagleup 07/15/13 04:44:57 PM
#2195   yes, but on the wrong side! Red Hackle 07/15/13 04:19:35 PM
#2194   NIHK up 160% on high volume! eagleup 07/15/13 02:34:33 PM
#2193   Something's up; I'll keep buying! eagleup 07/15/13 02:32:10 PM
#2192   Ok, who knows what ? MrGoldenRooster 07/15/13 01:48:56 PM
#2191   So it go's down 50%, on a $90 MrDemas 03/27/13 04:35:01 PM
#2190   Let's hope it go's up another 400%. MrDemas 03/26/13 03:00:10 PM
#2189   Holding for Pennies! PENNYMACHINE 03/26/13 02:47:43 PM
#2188   NIHK is up 100% today! eagleup 03/26/13 02:44:01 PM
#2187   Back into hibernation. MrDemas 03/07/13 09:54:04 AM
#2186   Smell like somethings cooking here!? Parabelle 02/27/13 04:27:34 PM
#2185   Hits .02 Cents Every Year 07/20/09 ~ 05/03/10 PENNYMACHINE 02/26/13 01:46:20 AM
#2184   If this ever had a great story it ChannelTrader 02/25/13 09:20:19 PM
#2183   Looks like the last few are churning out PENNYMACHINE 02/25/13 03:19:01 PM
#2182   Thank for the info! Good to know... eagleup 02/22/13 03:54:52 PM
#2181   Nothing wrong with 1000 + %! imo ;-) PENNYMACHINE 02/22/13 03:36:19 PM
#2180   WOW! Thats very very gooood! roberteliates 02/22/13 03:34:41 PM
#2179   137 Million Outstanding Shares, 200 Million Authorized Shares. PENNYMACHINE 02/22/13 03:33:43 PM
#2178   L2 looks thin. What's the SS? roberteliates 02/22/13 03:33:03 PM
#2177   How's it going Roberteliates? PENNYMACHINE 02/22/13 03:28:13 PM
#2176   sup folks. roberteliates 02/22/13 03:27:39 PM
#2175   Looks like somebody is trying to flush out PENNYMACHINE 02/22/13 02:36:12 PM
#2174   Looks like the last of .0018 is about PENNYMACHINE 02/22/13 01:58:16 PM
#2173   .0018 Break test .0050 imo PENNYMACHINE 02/22/13 01:51:28 PM
#2172   YES! Let's hope for the best for NIHK. eagleup 02/14/13 03:40:43 PM
#2171   Not sure, but it always seems to find PENNYMACHINE 02/14/13 03:36:52 PM
#2170   Lets take this puppy to .005.Then we have MrDemas 02/14/13 03:36:39 PM
#2169   Seems like something good is happening to this eagleup 02/14/13 03:33:39 PM
PostSubject